Suggestion Basket Trading over 300++ pips a week

Take a look, please. Good trades.

 

Thank you Joao.
T101 Basket Trader Ea work with this indicator:

 

From another forum:

"
This EA trades all the pairs that we use and more.

The Basketv8 indicator is set the same as the EA.
When you load the indicator set the "NumOfPairs" to the amount of pairs that you want to trade (example of pairs below)
it will then create offline charts with the number that you selected e.g NumOfPairs = 5 = BSKT05,H1 or NumOfPairs=14 = BSKT14,H1 etc...

The T101 Basket Trader v2.3 has the same pairs as the indicator.
When you load the EA set the "PairsInBasket" to the same number as the Basketv8 indicator.
Remember to change the MagicNumber when you load the EA on more than 1 chart.

case 1: "GBPJPY"

case 2: "GBPUSD" "EURUSD"

case 4: "GBPUSD" "EURJPY" "EURUSD" "GBPJPY"

case 5: "AUDJPY" "NZDUSD" "EURJPY" "GBPJPY" "GBPUSD"

case 6: "AUDJPY" "EURJPY" "NZDUSD" "GBPUSD" "GBPJPY" "AUDUSD"

case 7: "USDJPY" "EURJPY" "GBPJPY" "NZDJPY" "CHFJPY" "CADJPY" "AUDJPY"

case 8: "GBPUSD""EURJPY" "AUDUSD" "NZDJPY" "EURUSD" "GBPJPY" "NZDUSD" "AUDJPY"

case 10: "GBPUSD""EURGBP" GBPJPY" "CADJPY" "NZDUSD" "EURUSD" "USDJPY" "AUDUSD" "NZDJPY" "GBPCHF"

case 12: "GBPUSD""EURGBP" "GBPJPY""CADJPY" "NZDUSD" "AUDJPY" "EURUSD""USDJPY""AUDUSD""NZDJPY""GB PCHF""CHFJPY"

case 14: "GBPUSD""EURGBP""GBPJPY""USDCHF""NZ DUSD""AUDJPY""EURJPY""EURUSD""USDJP Y""AUDUSD""NZDJPY""GBPCHF""CHFJPY"" EURCHF"

example:
If you set the indicator and EA to 1 then it will create an offline chart of 1 pair, Case 1 = GBPJPY.
If you set the indicator and EA to 2 then it will create an offline chart of 2 pairs, Case 2 = GBPUSD + EURUSD
etc. etc.....

The settings that we use are 5 and 14.....

 

thanks for sharing

 

Thanks for sharing this indicator and EA and the manual book for this strategy and the explanation is very clear. So people could understand the system clearly.

 

hi this is interesting and I use this indicator for auto TP and SL

 

Pls can you pls tell me how to install the indicator and how to use it. Thanks

 

Pls how do I enter a trade with this indicator?

 

I

I try this EA but it don't work, maybe there is update for this EA ? anyway thank you very much for sharing this idea.

 

Well the simple rule...

Buy :
conservative trade.
1. All Signal in monthly, weekly, daily, H4, H1 (BTS Long)
2. Currency with diamond that will open from script, All in the green area. (monthly, weekly,Daily, H4, H1)
aggresive trade(daily trade)
3. If all signal don't match, Ignore monthly and weekly. Look for daily, H4, H1 (BTS long) and diamond currency in green area.
4. 4 out of 5 diamond currency in green area (daily, H4, H1) and (optional for best entry) strength column arrow up

Sell :
conservative trade.
1. All Signal in monthly, weekly, daily, H4, H1 (BTS Short)
2. Currency with diamond that will open from script, All in the red area. (monthly, weekly,Daily, H4, H1)
aggresive trade(daily trade)
3. If all signal don't match, Ignore monthly and weekly. Look for daily, H4, H1 (BTS short) and diamond currency in red area.
4. 4 out of 5 diamond currency in red area (daily, H4, H1) and (optional for best entry) strength column arrow
down.

The best time to open position is 30/60 minute after opening H4 your broker time.
00,04,08,12,16,20

Exit trade: with your MM or if you confident enough when signal turn to opposite direction.

How to trade:
- Copy "FX_T101 5TF.ex4" to your mt4 expert folder
- Copy "droneox.tpl" to your mt4 Template folder
- Copy all in the script folder to your mt4 script folder
- Open market window, right-click -> show all
- Open any chart TF 1H or 4H. right click, apply droneox.tpl.
- Open any chart. attach close5profit and enter your MM.
- For open buy, run TradeBuybasket.mq4, for sell, run TradeSellbasket.mq4
- Enter your lot and magic number
- For manual close your desired pips, run script closeall.mq4

Set your target pips/account growth per week.

Don't be greedy. Sooner or later it will kill you.

Use MM for all basket(total pips basket) SL 50 TP 150. or with EA you can set it with desired money to lose and desired profit.
1:3 RR.

I use SL 50 TP 150 for daily trade.
with basket trading you can achieve that 150pips or more in a day.
Why MM important for basket trading?

 

I think MM always important for every trading strategy . In basket trading it also very important to have SL and TP for the basket we choose cause it will make huge DD when we use over lot. I hope it will help you.

 

It gave losses today

 

what setting do you use for this trading strategy ? if it is lost maybe you could open another basket again. I hope it will help you.

 

Thank you droneox, nice sharing

 

TS nya nggak nongol

 

This is my review for this thread:
+1000 pips trade dari minggu kemarin dan baru close hari ini

 

Don't worry still many opportunity start again
as long as the market open and we have capital to open trades

 

This is my review for this thread:
Sistem dan Strategi Trading'yang sangat bagus.. Sangat membantu newbie mcm saya.. Trade pada waktu Market US memang terbaik..

 

Agree with RR 1:3 condition

 

RR 1:3 Condition

Setting Close5Profit ( Broker 4 Digit)

Lot 0.1
-TP = 15 -Stop Loss = 5

Lot 0.01
-TP = 1.5 -Stop Loss = 0.5

Setting Close5Profit (Broker 5 Digit)

Lot 0.1
-TP = 150 -Stop Loss = 50

Lot 0.01
-TP = 15 -Stop Loss = 5